WASHINGTON — Sen. John Thune (R-S.D.) introduced an amendment last week to a tax extender bill currently before the Senate that would create and expand small-business tax incentives. The incentives are targeted at helping small businesses invest in new capital and hire workers.
Sen. Thune has proposed redirecting unspent portions of last year’s $862 billion stimulus bill to fully pay for the proposals in his amendment, which is endorsed by the National Federation of Independent Business (NFIB).